Brief: Paragon raises EUR 50 mln in corporate bond placement
27/06/2017 11:47
June 27 (Reuters) - PARAGON AG PGNG.DE :
* DGAP-NEWS: PARAGON AG PLACES CORPORATE BOND AHEAD OF SCHEDULE AND SETS COUPON AT THE LOWER
END OF THE INTEREST MARGIN
* A TOTAL BOND VOLUME OF EUR 50 MILLION WAS PLACED
* FINAL ANNUAL INTEREST RATE WAS SET AT 4.5% P.A. AND IS THEREFORE AT LOWER END OF INTEREST
MARGIN THAT WAS REPORTED BEFORE START OF SUBSCRIPTION (4.50%-5.00%)
Source text for Eikon: ID:nEQ4332jya
Further company coverage: PGNG.DE
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